MRR UNBOSOM

  ALLOTMENT OF MULTIPLE DINS TO AN INDIVIDUAL BY MCA WOULD BECOME AN ISSUE TO COMPANIES WHILE USE OF DIN  INDIVIDUALS SHOULD TAKE ACTION TO SURRENDER THE ADDITIONAL DINS TO MCA AND IS ENABLED TO KEEP THE OLDEST DIN OF THE ALLOTTED DINS. Any Individual desirous of acting as director of an Indian company should posses a DIN number. Certain process to be followed by Individuals to get a DIN allotted from central government. DIN number is to be used everywhere by the Individual if acting in the position of director of the company. MCA introduced the DIN number system in the year 2006.  All individuals acting as directors are mandatorily to possess a DIN number to continue as Director as per MCA. MCA also instructed that one Individual to have only one DIN number for his life.  DINs are issued by collecting the Individuals personal information along with PAN. One PAN and One DIN for persons is the rule. Indian Nationals are required to provide PAN mandatorily and should v...

Notification No. Twelve/2017-Central Tax dated 28th June 2017, as amended vide Notification No. Seventy Eight/2020 – Central Tax, dated October 15, 2020, mandates taxpayers to declare specified digits,  as follows,  of Harmonised System of Nomenclature (HSN) / Service Accounting Code (SAC) Code on raising of tax invoices, w.e.f. April 1, 2021. 👉 aggregate turnover in preceding financial year is equal to 5 crores or less - 4 digit hsn code to be mentioned   👉  aggregate turnover in preceding financial year is more than 5 crores - 6 digit hsn code to be mentioned  declaration of hsn codes 4/6 digit to be done out of valid codes only. 6 DIGIT HSNs ARE ACCORDING TO AVAILABILITY IN THE CUSTOMS TARIFF WITH CORRESPONDING DESCRITPION OF GOODS AND WILL BE ALLOWED BY GST SITE.  GST HSN Codes are to be considered from Customs Tariff Act, 1975 and are applicable as mentioned,   the number of digits of HSN to be shown on Invoice is specified in Notifica...